⁍ Johnson & Johnson on Tuesday said it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic.
⁍ The additional money represented an increase to a proposed $4 billion settlement framework it negotiated with a group of state attorneys general.
– Johnson & Johnson will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the US opioid epidemic, bringing the total amount it would pay to $5 billion, Reuters reports. The New Brunswick, NJ-based drugmaker said the additional money represented an increase to a proposed $4 billion settlement framework it negotiated with a group of state attorneys general that was announced in October 2019.
Source: https://www.reuters.com/article/usa-opioids-johnsonjohnson/jj-to-contribute-up-to-5-billion-to-potential-opioid-settlement-idUSL1N2H413X